Survival Benefit Sample Clauses

Survival Benefit. 2.3.1 If the Life Assured is still surviving at the end of the Policy Year, the Company will pay a survival benefit of 1.05% of the Single Premium at the end of the Policy Year.
AutoNDA by SimpleDocs
Survival Benefit. If the Life insured survives and the policy is still in force at the Payout date, You will receive the survival Benefit in the way You have chosen to receive it. Survival Benefit is the sum of:
Survival Benefit. In the event life insured survives to the end of premium paying term, we shall pay to you accrued bonuses till date. Your Policy Details shows the Income Benefit applicable to your policy. Starting from policy anniversary subsequent to the end of the premium paying term and on every policy anniversary thereafter till maturity you shall receive.
Survival Benefit. Notwithstanding the occurrence of a Liquidating Event or dissolution of the Company, this Agreement shall continue in effect during the winding up of the Company. Thereafter, the provisions of Sections 5.10(c), 5.14, 5.15, 11, 17, 18, 19 and 21 of this Agreement shall survive any termination hereof. This Agreement is solely for the benefit of the parties hereto and their successors and permitted assigns. No third party is granted or shall have any rights hereunder.
Survival Benefit. 3.3.1 Subject to Section 3.5 below, during the lifetime of the Life Insured, We shall pay every year 7.5% of Guaranteed Maturity Sum Assured, for 15 (Fifteen) years, on each Policy Anniversary starting with the Policy Anniversary immediately following or coinciding with the Life Insured attaining the Age of 61 (Sixty One) years till the Policy Anniversary following or coinciding with the Life Insured attaining the Age of 75 (Seventy Five) years.

Related to Survival Benefit

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!